Six Reasons you can consider why you shouldn’t retire -you should re-invent!
Threats to retirement security are everywhere. The list is topped by the recession-fueled impact on retirement confidence: People haven’t set aside nearly enough money to fund their retirements. Next on the list is the regular drumbeat from critics that the Social Security system is running out of money and won’t be able to honor its current promises to people nearing retirement. Perhaps the third stake in the heart of retirement is that people are living longer and longer, raising legitimate fears they will outlive their money.
The short list of reasons never to retire include:
1. There is no physical reason to retire.
2. Continued work can support healthy aging, including better physical and mental health.
3. Well-being and happiness are boosted when people are engaged in challenging and meaningful activities. Work is a major place to find such activities in our society.
4. Older people have rich experience and mentoring skills to help enrich the workplace experiences of younger colleagues.
5. Declining numbers of younger workers, courtesy of lower fertility rates, will raise the need to retain older employees in the workforce.
6. We need and like the money, and shorter retirements sharply cut the risk we will outlive our assets.
I know I never will retire, at least if I have any say in the matter. I always say that “it is only called work if you would rather be doing something else.” As long as I love what I do, I will never retire.
I may reinvent myself, but I will never stop doing what I love to do. And right now other people call this work, but I call it my passion. Moeller says that people are happiest and maintain their best health when engaged in meaningful activities. Well, if you love what you do, don’t quit – why the heck would you?
If you don’t love what you do, you should change the road you are on no matter what age you are. I know I reinvented myself at least five time in my career.
I am in the process of changing the sixth time as I continue to immerse myself in the www.RetirementNEXT.com project.
Maybe projects are what it is about. If you lay in bed and can’t think of a reason to get up and out in the morning, then no matter how close to retirement age the calendar tells you you are… you are closer than you should be. Get up, make a plan — take on a project — and make that project to set some goals and a path towards those goals.
And don’t worry if you choose the wrong path. You can’t change direction from a standstill.
Don’t retire — re-invent.
I’d love to hear your ideas on how to re-invent your self without retiring.